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  4. Oil Inventories Fell by 8.2M Barrels Last Week: API
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Oil Inventories Fell by 8.2M Barrels Last Week: API

By Yasin Ebrahim AiVIF.com - U.S. crude stockpiles fell for the sixth-straight week, according to an estimate released Tuesday by the American Petroleum Institute. West...
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Oil Inventories Fell by 8.2M Barrels Last Week: API © Reuters.

By Yasin Ebrahim

AiVIF.com - U.S. crude stockpiles fell for the sixth-straight week, according to an estimate released Tuesday by the American Petroleum Institute.

West Texas Intermediate, the benchmark for U.S. crude prices, was up 0.7% to $73.47 a barrel on the news, after settling up 0.5% to $73.31 a barrel.

U.S. crude inventories fell by 8.2 million barrels for the week ended June 24. That compared with a draw of 7.2 million barrels reported by the API for the previous week.

The API also showed that gasoline inventories rose by about 1.3 million last week, compared with a 1.0 million build in the prior week, and distillate stocks rose by about 400,000 barrels.

The official government inventory report due Wednesday is expected to show weekly U.S. crude supplies declined by about 4.7 million barrels last week.

Oil investors await Thursday's meeting of major oil producers, who are expected to ease crude production curbs.

"[W]e believe they will answer the call to put more barrels on the market, potentially increasing supply by between 500 kb/d and 1 mb/d starting in August," RBC said in a note. "The new monthly meeting structure provides the producer group much needed flexibility and we think they will signal their willingness to adjust output as needed on a go forward basis."

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
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 Gold2,295.80↑ Sell
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 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
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SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,285.72-47.5-2.04%
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Dầu hỏa 2-K20.68021.090
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$ Tỷ giá Vietcombank
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EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
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